Malaysia legislation
Section 32
Section 32
(2)
Without prejudice to subsection (1) regulations under that subsection may be made for—
(a)
prescribing the manner in which documents, cheques and instruments of any description shall be signed or executed on behalf of the Authority;
(b)
prescribing for the responsibilities and control of officers and servants of the Authority;
(c)
imposing fees in such cases as may be determined by the Authority;
(d)
providing for such matters in connection with shares, stock, bonds, debentures or debenture stock issued under this Act as may appear necessary or expedient 070e.fm Page 24 Friday, March 31, 2006 4:27 PM
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to the Authority and, in particular, for regulating the method of issue, transfer, redemption or other dealing with such shares, stock, bonds, debentures or debenture stocks;
(e)
prescribing the manner in which and the terms and conditions on which loans may be granted by the
Authority under section 27; and
(f)
providing generally for the exercise of its powers and duties under the provisions of this Act.
(3)
Such regulations—
(a)
may prescribe that any act or omission in contravention of the provisions of any regulation shall be an offence; and
(b)
may provide for the imposition of penalties for such offences, which penalties shall not exceed one thousand ringgit.
Power to make disciplinary regulations